Youtube Co-Founders, Chad Hurley And Steven Chen Win Webbys

The co-founders of the popular video-sharing site YouTube are among the winners of the annual Webby online achievement awards announced Tuesday May 1st 2007.

The awards honour online excellence and are considered the leading international awards for websites, interactive advertising and online video.

Chad Hurley(left) and Steve Chenwere(right) came up with the idea of people posting video clips on a shared website, were to receive the Webby person of the year award for the fantastically successful site.

They are named as the People of the Year for creating a site credited with transforming the media landscape and reshaping politics, pop culture and more.

The site even got the attention of search engine leader Google Inc., which paid $1.76 billion for it last year.

The winners are selected by the 550-member International Academy of Digital Arts and Sciences, whose members include The Simpsons creator Matt Groening, columnist and writer Arianna Huffington and Hollywood Titan Harvey Weinstein.

Winners of the almost 70 categories in the 11th annual awards are to be honoured at a ceremony in New York on June 5.